AirNav Ireland , Europe’s newest air navigation service provider (ANSP), published its 2023 annual report reporting revenues of €194.5 million in 2023 up by 5% from €185.0 million in 2022, driven by increasing air traffic activity in all segments, with 634 employees.
The Group invested €13.4 million in capital projects to support its ANSP functions.
AirNav Ireland Chief Executive, Dr. Peter Kearney said that in 2023, AirNav Ireland continued to progress critical projects supporting capacity, obsolescence and regulatory compliance as well as safety and security enhancements. In addition to the investment in training and developing the staff, a project of works is underway to facilitate a major upgrade of its ATM systems.
In 2023, air traffic exceeded 2019 levels for the first time since the COVID-19 pandemic. Overall, air traffic grew by 14.3% in 2023 compared to 2022 and increased by 2.9% on 2019 levels.
During the year, 664,000 flights were managed in Irish-controlled airspace, an increase of 14% on 2022 levels.
Commercial air traffic at the State airports, Cork, Dublin and Shannon, taken together, increased by 15.7% to just under 275,000 movements.
North Atlantic traffic increased by 13.5% on 2022 volumes, with HF (high frequency) voice communications services being provided to almost 518,900 flights.
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